Sprint has signed a deal with the newly formed Mobile Leasing Solutions, LLC, which has been created by a group of equity investors including Sprintâs majority owner and parent company, Softbank Group. Roughly $1.1 billion cash infusion occurred through this sale and lease-back deal. Notably, Sprint anticipates sale of 2.5 million leased devices with a projected book value of $1.3 billion to Mobile Leasing Solutions. The lease-back deal is intended to reduce one of Sprintâs biggest expenses â the cost of buying millions of new devices.
SAN DIEGO - April 8, 2010 - Qualcomm Incorporated (Nasdaq: QCOM) today announced a quarterly cash dividend of $0.19 per common share, payable on June 25, 2010 to stockholders of record at the close of business on May 28, 2010.
Intel Sets Quarterly Dividend and Ex-Date (INTC) On Jan. 23, Intel Corp.âs (INTC) board of directors declared a quarterly dividend of $0.26 per share on the companyâs common stock. According to a company statement, Intel will pay its dividend March 1, 2017. The figure represented a yield of 2.8 percent, according to StreetInsider.com.